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Evelabs - About the company

Evelabs is a seed company based in Thiruvananthapuram (India), founded in 2016 by Vishnu MS, Sanjai Rajendran and Sruthy Gopal. It operates as a Developer of a smart infusion monitor for hospitals and home-cares. Evelabs has raised $319K in funding from Indian Institute Of Information Technology and Management and Rovi, with a current valuation of *****. The company has 76 active competitors, including 26 funded and 13 that have exited. Its top competitors include companies like ZOLL AEDs, InnAccel and vTitan.

Company Details

Developer of a smart infusion monitor for hospitals and home-cares. The company develops Dripo a wireless electronic monitor to measure and display the flow rate in gravity infusions and share the data wirelessly enabling the healthcare professionals to set, manage and monitor infusion and the data.
Website
evelabs.co
Social
XFacebook
Email ID
*****@evelabs.co
Phone Number
+91 **********
Registered Address
V.V NIVAS,ARCHAL, NEDIYARA P.O,ANCHAL, Kollam, KOLLAM, Kerala, India, 691306
Key Metrics
Founded Year
2016
Location
Thiruvananthapuram, India
Stage
Seed
Total Funding
$319K in 5 rounds
Latest Funding Round
Post Money Valuation
***** as on Jul 29, 2022
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
18 as on Jun 30, 2026
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Evelabs's funding and investors

Evelabs has raised a total funding of $319K over 5 rounds. Its first funding round was on Jan 05, 2017. Its latest funding round was a Seed round on Jul 22, 2022 for $*****. 14 investors participated in its latest round. Evelabs has 8 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Evelabs:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 22, 2022
6387708
Seed
5383503
5789571
7222583
1276648
Apr 01, 2021
5885603
Seed
2894415
4129618
7537991
4454804
Jul 04, 2018
6068619
Seed
5810281
4350056
6657068
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Evelabs' founders and board of directors

Founder? Claim Profile
The founders of Evelabs are Vishnu MS, Sanjai Rajendran and Sruthy Gopal. Vishnu MS is the CEO of Evelabs.
Here are the details of Evelabs' key team members:

Evelabs' Board of Directors

Evelabs's board has 3 active members. Vishnu MS and Sanjai Rajendran are part of team and Abhay Uttamchand Jain is independent board member.
Here is the list of Evelabs' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 11m
Team
-
Current
9y 11m
Independent board member
-
Current
3y 11m

Evelabs' employee count trend

Evelabs has 18 employees as of Jun 26. Here is Evelabs's employee count trend over the years:
Employee count trend for Evelabs
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Evelabs's Competitors and alternates

Top competitors of Evelabs include ZOLL AEDs, InnAccel and vTitan. Here is the list of Top 10 competitors of Evelabs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ZOLL AEDs
ZOLL AEDs
1983, Chelmsford (United States), Acquired
Developer of medical devices and software solutions for emergency care
-
60/100
2nd
Logo for InnAccel
InnAccel
2012, Bengaluru (India), Seed
Developer of medical devices for critical care, obstetrics, and neonatology
$5.84M
60/100
3rd
Logo for vTitan
vTitan
2010, Chengalpattu (India), Seed
Manufacturer of AI-driven medical devices for critical care
$10M
58/100
4th
Logo for Ethypharm
Ethypharm
1977, Saint Cloud (France), Acquired
Developer of therapies for the treatment of pain and addiction
$248M
55/100
5th
Logo for Allied Medical
Allied Medical
1982, Gurugram (India), Early Stage
Manufacturer of anesthesia and hospital equipment
$2.31M
47/100
6th
Brain temperature tracking technology for healthcare, research, and performance optimization
$50.1M
47/100
7th
Logo for Airway Medix
Airway Medix
2010, Warsaw (Poland), Public
Developer of medical devices for ventilated patients in intensive care units
-
-
43/100
8th
Logo for Vascular Technology
Vascular Technology
1985, Nashua (United States), Funding Raised
Surgical device innovator specializing in Doppler and suction irrigation systems
-
43/100
9th
Logo for Glucoset
Glucoset
2013, Trondheim (Norway), Acquired
Indwelling intravascular continuous blood glucose monitoring device
$6.59M
41/100
10th
Logo for GlySure
GlySure
2006, Abingdon (United Kingdom), Series C
Continuous glucose monitoring using optical fluorescence sensor
$24.5M
40/100
15th
Logo for Evelabs
Evelabs
2016, Thiruvananthapuram (India), Seed
Developer of a smart infusion monitor for hospitals and home-cares
$319K
35/100
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Evelabs's Latest cap tables and shareholding

Founders (largest shareholder) own 54.00%, Funds own 3.86%, Enterprises own 3.26% and Angels own 28.88%. The net worth of Evelabs's founders is INR 10.8Cr as of Jul 29, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
54.00%
10.8Cr
6011619
1807266
7782285
9323583
1727173
4885387
7339535
8162747
6583840
3068434
3330355
8728928
8434119
3386720
4632230
4362876
6175783
1787469
3322904
3549585
1838093
1575216
Fund
3.86%
77.1L
534
727
913
399
321
452
937
139
278
786
Enterprise
3.26%
65.1L
941
817
789
465
Angel
28.88%
5.78Cr
2473382
8042746
9443165
8832710
9755696
2755529
8080780
6716648
6791801
6271447
3451067
1658196
1728431
6476596
3947860
3279350
81385
64316
23036
31241
30937
76883
1933
9731
7821
3570
6970
6431
ESOP Pool
10.00%
2Cr
5125726
8934559
1296126
2388986
Total
100.00%
20Cr
5834879
2531343
2395302
1594583
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Evelabs's Shareholding

Evelabs's Investments and acquisitions

Evelabs has made no investments or acquisitions yet.

Reports related to Evelabs

Here is the latest report on Evelabs's geography:

News related to Evelabs

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